Costamare Inc (STU:LCM)
ā‚¬ 13.48 0.04 (0.3%) Market Cap: 1.59 Bil Enterprise Value: 3.16 Bil PE Ratio: 5.62 PB Ratio: 0.70 GF Score: 89/100

Q4 2022 Costamare Inc Earnings Call Transcript

Feb 08, 2023 / 01:30PM GMT
Release Date Price: ā‚¬9.49 (+1.30%)
Operator

Thank you for standing by, ladies and gentlemen, and welcome to the Costamare Inc. Conference Call on the Fourth Quarter 2022 Financial Results. We have with us Mr. Gregory Zikos, Chief Financial Officer of the company. (Operator Instructions) I must advise you that this conference is being recorded today, Wednesday, February 8, 2023.

We would like to remind you that this conference call contains forward-looking statements. Please take a moment to read Slide #2 of the presentation, which contains the forward-looking statements.

And I will now pass the floor to your speaker today, Mr. Zikos. Please go ahead, sir.

Gregory G. Zikos
Costamare Inc. - CFO & Director

Thank you, and good morning, ladies and gentlemen. 2022 has been a record year for Costamare, with a fleet of 117 vessels, including 45 dry bulk ships, the company generated net income of about $520 million. As of the end of the year, liquidity stood at around $970 million.

On the containership side, 2022 was a unique year with the first half drawing upon favorable market

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